World Liberty Financial Launches USD1 Stablecoin
The DeFi project World Liberty Financial (WLFI), closely associated with the family of U.S. President Donald Trump, has officially announced plans to launch USD1 — a stablecoin that can be exchanged for the U.S. dollar (USD) at a 1:1 ratio. The USD1 stablecoin will be fully backed by short-term U.S. Treasury bonds, U.S. dollar deposits, and other cash equivalents. The initiative aims to implement the “dollar dominance” strategy in the stablecoin sector promoted by Trump, and to strengthen WLFI’s position in the U.S. market.
As noted by one of WLFI’s co-founders, Zach Witkoff, USD1 offers what anonymous and algorithmic cryptocurrencies lack — access to decentralized finance (DeFi) supported by the trust and reputation of respected figures in the traditional financial system.

WLFI Enters the Stablecoin Market
USD1 tokens will be issued on the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains, with the company planning to expand to other blockchain protocols in the future. Each token unit will be backed by assets from a specially established reserve fund audited by independent auditors.
USD1 is primarily aimed at institutional and sovereign investors who require a reliable digital asset for secure international transactions, Witkoff explained.
USD1 reserves will be held by BitGo — a leading global qualified custodian of digital assets. Through its BitGo Prime platform, the company will also provide liquidity and trading capabilities for large investors operating within a regulated environment.
BitGo CEO Mike Belshe stated that the launch of USD1 is an important step in the evolution of institutional crypto solutions. The collaboration with WLFI ensures asset security, operational transparency, and high liquidity.
Features of USD1
Unlike other stablecoins, USD1 emphasizes stability and avoids risky yield-generating strategies. The project offers the institutional sector a simple, transparent, and reliable solution for working with digital assets.
World Liberty Financial plans to continue developing DeFi infrastructure, with a focus on security and trust from major market players.
Pilot Launch
According to analysts from Lookonchain, a test launch of USD1 has already taken place on the BNB Chain network. Wintermute conducted several trial operations, including cross-chain transfers between Ethereum and BNB Chain. At the time of publication, 3,500,680 USD1 tokens had been issued, and the total number of transactions had reached 47. WLFI emphasized that the token is not yet available for open trading and warned users about potential fraudulent activity.
IronWallet will support USD1 as soon as it is available and ready for operational use.